XML 40 R13.htm IDEA: XBRL DOCUMENT
v3.8.0.1

Due to Shareholders of Acquired Companies | 3 Months Ended
--- | ---
Mar. 31, 2018
Business Combinations [Abstract] |
Due to Shareholders of Acquired Companies | Due to Shareholders of Acquired Companies The amounts due to shareholders of acquired companies generally arise in connection with Laureate’s acquisition of a majority or all of the ownership interest of these companies. Promissory notes payable to the sellers of acquired companies, referred to as “seller notes,” are commonly used as a means of payment for business acquisitions. Seller note payments are classified as Payments of deferred purchase price for acquisitions within financing activities in our Consolidated Statements of Cash Flows. The amounts due to shareholders of acquired companies, currencies, and interest rates applied were as follows:
| March 31, 2018 | December 31, 2017 | Nominal Currency | Interest Rate %
Universidade Anhembi Morumbi (UAM Brazil) | $ | 45,955 |  | $ | 45,206 |  | BRL | CDI + 2%
University of St. Augustine for Health Sciences, LLC (St. Augustine) | 11,550 |  | 11,550 |  | USD | 7%
Monash South Africa (MSA) | 9,626 |  | 9,571 |  | AUD | n/a
Universidad Tecnologica Centroamericana (UNITEC Honduras) | 3,447 |  | 3,813 |  | HNL | IIBC
Faculdade Porto-Alegrense (FAPA) | 3,123 |  | 3,084 |  | BRL | IGP-M
IADE Group | 1,242 |  | 2,374 |  | EUR | 3%
CH Holding Netherlands B.V. (CH Holding) | — |  | 3,971 |  | USD | n/a
Total due to shareholders of acquired companies | 74,943 |  | 79,569 |  |  |
Less: Current portion of due to shareholders of acquired companies | 35,431 |  | 40,140 |  |  |
Due to shareholders of acquired companies, less current portion | $ | 39,512 |  | $ | 39,429 |  |  |
AUD: Australian Dollar |  | CDI: Certificados de Depósitos Interbancários (Brazil)
BRL: Brazilian Real |  | IIBC: Índice de Inflación del Banco Central (Honduras)
EUR: European Euro |  | IGP-M: General Index of Market Prices (Brazil)
HNL: Honduran Lempira |  |
USD: United States Dollar |  |

X
- Definition The entire disclosure for a business combination (or series of individually immaterial business combinations) completed during the period, including background, timing, and recognized assets and liabilities. The disclosure may include leverage buyout transactions (as applicable). + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 805 -URI http://asc.fasb.org/topic&trid=2303972 + Details
Name: | us-gaap_BusinessCombinationDisclosureTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_BusinessCombinationsAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration